Funny. There was a big bit in the NY Times which prompted a memo going out a couple of days ago.
Meanwhile, as I said here earlier, things are afoot already. I've had to sign a COnfidentiality Agreement. The funny thing on that was, the lawyers had worded it - literally saying "in the broadest sense possible" - that it actually means I'm not permitted to talk about work with anyone outside the company. Even if my job is primarily dealing with external parties...
That report said layoffs would start in 2 weeks. Not heard anything yet ;-)